Bare ActsThe Chit Funds Act, 1982

Section 43

Subscribers' dues to be first charge on chit assets.

Amendment status not verified — confirm the current text below against the official source.

Any amount due to the subscriber from a foreman in relation to the chit business shall be a first charge on the chit assets.

Section 43 – The Chit Funds Act, 1982 | DailyLaw.ai